Wall Street brokerages expect that Easterly Acquisition Corp (NASDAQ:EACQ) will post $0.37 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Easterly Acquisition’s earnings. The business is scheduled to report its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Easterly Acquisition will report full-year earnings of $1.07 per share for the current fiscal year. For the next financial year, analysts expect that the firm will post earnings of $1.50 per share. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Easterly Acquisition.
In related news, major shareholder Polar Asset Management Partner sold 249,000 shares of the firm’s stock in a transaction on Friday, October 26th. The shares were sold at an average price of $10.50, for a total transaction of $2,614,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 25.00% of the company’s stock.
EACQ opened at $10.51 on Wednesday. Easterly Acquisition has a fifty-two week low of $9.45 and a fifty-two week high of $11.25. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.19.
Easterly Acquisition Company Profile
Easterly Acquisition Corp. does not have significant operations. It intends to engage in a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with companies operating in the financial services industry. The company was founded in 2015 and is based in New York, New York.
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